Winter is coming to an end and that means there are only a few weeks to go until the busy spring property market kicks off. If you’re looking to buy a home, it may be a good idea to act now while the other buyers are still in hibernation! Here’s what happened in the property market over the last month.
Winter is a great time to purchase property, as there could be fewer buyers to compete with. What’s more, because the winter months are generally slower in the housing market, vendors may be more willing to negotiate on price. Read more on this month’s property market updates.
Winter is generally a quiet season, so we can expect to see a further slowing in auction numbers, clearance rates and home value rises in the next few weeks. This may provide a chance to pick up a bargain for those willing to brave the cold weather.
If you’ve been thinking about a 2018 property purchase, we’ll tell you why now is a great time to go for it. Whether you’re a first-home buyer, next home buyer or investor, we can provide expert advice about all your finance needs. Talk to us!
We hope you had an amazing Easter long weekend and the Easter Bunny was very generous! March was an exciting month in the property world. In the week prior to Easter, we saw the highest volume of auctions ever recorded across the combined capital cities, and by Melbourne individually.
The busy Autumn property season is upon us, and what an exciting time of year it is! In recent weeks, we’ve seen auction volumes surge as one of the year’s peak selling periods kicks into gear. With so much more stock on the market, property prices in some markets are falling, so you could have greater room to negotiate a deal on a property purchase. If you’re in the market for a new home or property investment, be sure to speak to us about your plans as soon as you can!